Chicago Purchasing Managers’ Index Increased to 50 in August


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Just enough to keep additional fiscal measures off the table while unemployment remains around 10%.

Chicago Purchasing Managers’ Index Increased to 50 in August

By Courtney Schlisserman

Aug. 31 (Bloomberg) — A measure of U.S. business activity rose more than forecast in August, adding to signs that the economy may be entering a recovery.

The Institute for Supply Management-Chicago Inc. said today its businessbarometer increased to 50, the highest level since September, from 43.4 in July. Readings below 50 signal a contraction.


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